Fractionation Sample Clauses

Fractionation. MNGL agrees to fractionate all of the Y-grade delivered to MNGL by or for the account of Amoco, and MNGL shall deliver to Amoco a quantity of barrels of each Product equivalent to 100% of the barrels of each such Product contained in the Y-grade so delivered to MNGL. Any loss or reduction in the number of barrels of Y-grade delivered by Amoco to MNGL which occurs as a result of the fractionation hereunder shall be borne by MNGL and not by Amoco.
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Fractionation. The Company's gross operating margin for the Fractionation segment decreased to $25.7 million in 2001 from $34.3 million in 2000. NGL fractionation margin for the first quarter of 2001 decreased $10.4 million compared to 2000 due to lower volumes and higher energy costs. NGL fractionation net volumes decreased to 165 MBPD in 2001 from 218 MBPD in 2000 as a result of lower extraction rates at gas processing facilities in 2001 versus 2000 when the industry was maximizing NGL production. For the first quarter of 2001, gross operating margin from isomerization services increased $4.5 million compared to 2000 primarily due to an increase in volumes and toll processing fees. Isomerization volumes increased to 70 MBPD during the first quarter of 2001 versus 67 MBPD during the same period in 2000 due to solid demand for the Company's services. Gross operating margin for the first quarter of 2001 from propylene fractionation decreased $2.3 million compared to the first quarter of 2000 primarily due to higher energy costs and moderating prices. Net propylene fractionation volumes were 30 MBPD for both periods. Pipeline. The Company's gross operating margin for the Pipeline segment was $18.1 million in the first quarter of 2001 compared to $14.6 million in 2000. The improvement in gross margin was due to strong demand for transportation services on the Xxx-Xxx NGL Pipeline, which was operational for the entire first quarter of 2001; increased demand and a larger ownership interest in the Dixie propane pipeline and the January 29, 2001 acquisition of interests in four Gulf of Mexico offshore Louisiana natural gas pipeline systems from EPE. Net liquids throughput on the Company's major NGL and petrochemical pipeline systems averaged 356 MBPD for the first quarter of 2001 compared to 374 MBPD for the first quarter of 2000. Net natural gas throughput for the recently acquired natural gas pipelines was 506 thousand decatherms per day ("Mdth/D").
Fractionation. Ethanex agrees to use its commercially reasonable best efforts to obtain necessary permits and commence construction as soon as practical after the Phase I Closing on a corn fractionation and corn oil extraction facility (the “Fractionation Plant”). The Fractionation Plant will utilize Xxxxxx manufactured milling equipment with a design capacity to process a minimum of 48 million bushels of corn per year with a starch loss from the fractionation process of not more than 4.4%. The Fractionation Plant will also include a Crown Ironworks corn oil expelling system with a design capability of expelling a minimum of .8 pounds of food grade crude corn per bushel of corn, or an annual capacity of 19,200 tons per year. Ethanex will use its commercially reasonable efforts to coordinate the start-up of the Fractionation Plant with the start-up of the Phase II facility and to reach full capacity at the time of the Phase III Closing.
Fractionation. The process of applying various levels of higher pressure and lower temperature to separate a stream of natural gas liquids into ethane, propane, normal butane, isobutane and natural gasoline for end-use sale. FRP: Front Range Pipeline LLC. GAAP: Generally accepted accounting principles in the United States. IDRs: Incentive distribution rights. Imbalance: Imbalances result from (i) differences between gas and NGL volumes nominated by customers and gas and NGL volumes received from those customers and (ii) differences between gas and NGL volumes received from customers and gas and NGL volumes delivered to those customers. Initial assets: The assets and liabilities of Anadarko Gathering Company LLC, Pinnacle Gas Treating LLC and MIGC LLC, which Anadarko contributed to XXX concurrently with the closing of WES’s IPO in May 2008. IPO: Initial public offering. LIBOR: London Interbank Offered Rate. MBbls/d: One thousand barrels per day. MGR: Mountain Gas Resources, LLC.
Fractionation. After being extracted in the field, mixed NGLs, sometimes referred to as “Y-grade” or “raw NGL mix,” are typically transported to a centralized facility for fractionation where the mixed NGLs are separated into discrete NGL products: ethane, ethane-propane mix, propane, normal butane, iso-butane and natural gasoline. The Partnership’s fractionation assets include ownership interests in three stand-alone fractionation facilities that are located on the Gulf Coast, two that it operates, one at Mont Belvieu, Texas and the other at Lake Charles, Louisiana. The Partnership has an equity investment in the third fractionator, GCF, also located at Mont Belvieu. The Partnership is subject to a consent decree with the Federal Trade Commission, issued December 12, 1996, that, among other things, prevents it from participating in commercial decisions regarding rates paid by third parties for fractionation services at GCF. This restriction on the Partnership’s activity at GCF will terminate on December 12, 2016. In addition to the three stand-alone facilities in the Logistics Assets segment, see the description of fractionation assets in the North Texas System and XXX in the Gathering and Processing segment. The Partnership expanded the fractionation capacity of its assets during the last three years with the following projects:

Related to Fractionation

  • Fuel 28.1 The Vehicle must be returned with the amount of fuel equal to that at the time of the commencement of the rental. If the Vehicle is returned with less fuel, the difference will be charged to You at a rate of $5.00 including GST per litre (which includes a service component).

  • Delivery Points ‌ Project water made available to the Agency pursuant to Article 6 shall be delivered to the Agency by the State at the delivery structures established in accordance with Article 10.

  • Delivery Point (a) All Energy shall be Delivered hereunder by Seller to Buyer at the Delivery Point. Seller shall be responsible for the costs of delivering its Energy to the Delivery Point consistent with all standards and requirements set forth by the FERC, ISO-NE, the Interconnecting Utility and any other applicable Governmental Entity and any applicable tariff.

  • Storage The ordering agency is responsible for storage if the contractor delivers within the time required and the agency cannot accept delivery.

  • Production Lessee shall, subject to applicable laws, regulations and orders, operate and produce all xxxxx upon the leased land so long as the same are capable of producing in paying quantities, and shall operate the same so as to produce at a rate commensurate with the rate of production of xxxxx on adjoining lands within the same field and within the limits of good engineering practice, except for such times as there exist neither market nor storage therefore, and except for such limitations on, or suspensions of, production as may be approved in writing by Lessor. Lessee shall be responsible for adequate site security on all producing properties.

  • Electricity 14.01 Tenant shall obtain electricity for the Demised Premises on a direct meter basis, Tenant shall be responsible for and pay to the applicable utility all charges for electricity as measured by such meter. Landlord shall not in any way be liable or responsible to Tenant for any loss or damage or expense which Tenant may sustain or incur if either the quantity or character of electric service is changed or is no longer available or suitable for Tenant’s requirements. Any additional riser or risers to supply Tenant’s electrical requirements, upon written request to Tenant, will be installed by Landlord, at the sole cost and expense of Tenant, unless, in Landlord’s reasonable judgment, the same will cause permanent damage or injury to the Building or the Demised Premises or cause or create a dangerous or hazardous condition or interfere with or disturb other tenants or occupants. In addition to the installation of such riser or risers, Landlord will also at the sole cost and expense of Tenant, install all other equipment proper and necessary in connection therewith subject to the aforesaid terms and conditions. Tenant covenants and agrees that at all times its use of electric current shall never exceed the capacity of the feeders to the Building or the risers or wiring installation which Landlord represents is sufficient for ordinary office use. It is further covenanted and agreed by the Tenant that all the aforesaid costs and expenses are chargeable and collectible as Additional Rent and shall be paid by the Tenant to the Landlord within ten (10) days after the rendering of any xxxx or statement to the Tenant therefor. Tenant shall make no alterations or additions to the electric equipment and/or appliances without the prior written consent of Landlord in each instance, which consent shall not be unreasonably withheld, conditioned or delayed. Notwithstanding anything to the contrary herein, should electric service be interrupted for a period of more than five (5) consecutive business days through the sole fault of Landlord so as to prevent Tenant from using at least seventy-five (75%) percent of the Demised Premises, Fixed Rent shall xxxxx until such service resumes and Tenant is able to resume the use of at least seventy-five (75%) percent of the Demised Premises. Should such service interruption prevent Tenant from using at least seventy-five (75%) of the Demised Premises for more than sixty (60) days and be due to the sole fault of Landlord, Tenant shall have the right to terminate this Lease by giving written notice to Landlord no later than the seventieth (70th) consecutive day and vacating no later than the ninetieth (90th) consecutive day. TIME BEING OF THE ESSENCE for Tenant as to both dates.

  • Disposal The Recipient will not, without the Province’s prior written consent, sell, lease, or otherwise dispose of any asset purchased or created with the Funds or for which Funds were provided, the cost of which exceeded the amount as provided for in Schedule “B” at the time of purchase.

  • Generator Subject to the provisions of this Section 29.36, Tenant shall be entitled to install, operate and maintain a generator and any other equipment related thereto, including, without limitation, a fuel system, wiring and shaft space (“Generator”) next to the Building at Tenant’s sole cost and expense (without paying any additional fee or rental to Landlord for the use thereof). Prior to the installation of the Generator, Tenant shall inspect the proposed location to determine a suitable location for the Generator, and Tenant shall submit written plans and specifications relative to the type, size and proposed location (including any proposed screening) of the Generator to Landlord for its review and written approval. Tenant shall be solely responsible for the cost of acquisition, installation, operation, and maintenance of the Generator; and Tenant shall install, maintain and operate the Generator in accordance with all federal, state, and local laws, statutes, ordinances, rules and regulations, including without limitation, obtaining and maintaining any and all permits, approvals and licenses required to install and operate the Generator by any governmental authority having jurisdiction. Landlord and Tenant agree that, upon the expiration of earlier termination of the Lease Term, Tenant shall not be required to remove the Generator, any associated cabling, wiring and screening or other improvements. Tenant shall not be entitled to grant or assign to any third party (other than a permitted assignee of Tenant’s rights under the Lease or a permitted subtenant relative to the Premises (or a portion thereof)) the right to use the Generator without Landlord’s prior written consent (which consent may be granted or withheld in Landlord’s discretion). Upon reasonable advance notice to Tenant (and provided Landlord reasonably coordinates with Tenant and provides an alternate source of backup generator capacity during said transition), Landlord shall be entitled to cause the Generator to be moved to another location near the Building, at Landlord’s cost and expense. Tenant shall pay all personal property taxes on the Generator. Tenant shall also pay any increases in the real property taxes of the Building due to the installation of the Generator within thirty (30) days of receipt of notice from Landlord which includes proof of such increase in taxes. Tenant’s indemnity obligations under Section 5.4.1.5 of the Lease, relating to the use of Hazardous Materials, shall apply to the use and operation of the Generator. Finally, Tenant’s insurance obligations under Section 10.3 of the Lease shall apply to the Generator.

  • Interconnection 2.1.10 Startup Testing and Commissioning

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